welcome to cramerica other people want to make friends, my job is to make you money. call me at 1800-743-cnbc or tweet me @jimcramer. you want to know the single most useful thing you can do in this business that's easy. the most useless thing you can do is worry about what everybody else is worrying about the flip side of this is also true, there is no point in getting excited about something that everybody else is eagerly anticipating why? because when the vast majority of investors agree something will happen, that tends to be priced into the stock market the real economy moves at its pace, you got to borrow money to build that equipment and use that to manufacture goods and transport them to retail outlets and wait for the customer to come along and buy them. the stock market has no such limitations. stocks don't travel at the speed of light well, how about the speed of thought? they come pretty close so the moment of preponderance decides it's flat lining, stocks start trading. instantaneously. it takes time to build that consensus which is why you rarely see the

welcome to cramerica my job is to entertain, and teach you call me or tweet me @jimcramer. toughdays don't last forever but when they come along, you need to know how to respond you need a game plan delivered and ready. i wish i could say that we always know how to respond, but the early days of the decline, well, they are never easy to navigate first, let's borrow a line from the fabulous all happy rallies are alike. each sell off is happy in its own way. bull markets send it off higher and most think they are genius for participating. it seems easy. big declines, much harder because they could be the start of a bear market they could be just the beginning of something unfathomable or might be a glitch. that's why i want to use history to try to identify some of the common qualities so that you can figure out how to handle these ind moments of weakness without panicking. let me offer words of relief, sanity and real, not fee knn pht real assurances. there are two truly horn rrendo sell offs, the crash of 1987 and the rolling crash of 2007 to 2009 i could have done the nasd

i'm opening up phone lines cramerica. we'll get through this together. if we got through 2009, this could be child's play. call me and stick with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on twitter have a question, tweet cramer #madtweets send jim an email to mad money at cnbc.com or give us a call a 1-800-743-cnbc miss something head to mad mmoney.cnbc.coadmonm don't miss your golden opportunity to experience thrilling performance. now at the lexus golden opportunity sales event. get 0.9% apr for 60 months on all 2019 models. experience amazing at your lexus dealer. here, hello! starts with -hi!mple... how can i help? a data plan for everyone. everyone? everyone. let's send to everyone! [ camera clicking ] wifi up there? -ahhh. sure, why not? how'd he get out?! a camera might figure it out. that was easy! glad i could help. at xfinity, we're here to make life simple. easy. awesome. so come ask, shop, discover at your xfinity store today. >>> even after today's showing the market remains a mine field. like i told you at

stay with cramer >>> you know, i love hearing from you cramerica so let's take some tweets.et's kick it off with scott when talking diversification, you said to pick like five stocks in different sectors. do you recommend the same regarding mutual funds or suggestion everything into one fund this is for growth based retirement ira everything into one fund never diversify among mutual funds. that's the industry talking. next up we have a tweet fr from @bren, #madtweets, #cramer. i put my first 10 k, 10,000 in an s&p 500 but do you continue to add money to it or leave it as is? thank you, #boo-yah. you got the first 10,000 in. after that you start splitting i usually like a radio of a fifth. one-fifth in an individual stock and the rest, you know, four-fifths in the mutual fund i'm a huge believer. we have another tweet from @r n from @ryfrom @rya from @ryan, #ten weeks old, #mad money. what can i say that's exactly who should be getting the 529 -- you look at that look at that hand some chap. 529 plan right now. right now. all right. following tweet is from jay. not j-lo cram

welcome to cramerica other people want to make friends, i'm just trying to make you some money my job is to entertain teach, and help you call me or tweet me @jimcramer if you want to know the true state of the economy, stop fretting about the data, the so-called macrow and listen to individual companies on a day the dow slid, s&p lost .79% and nasdaq shed 6.8% because treasury yields can'tonu to sink and the president terrified the market you don't know the term terrified? you better get used to it. others were focused on tariffied, i was focus on home depot because when i'm trying to take the pulse, home depot gives me a better read from the bond market or any talking people on tv home depot has all sorts of insights you can't get from staring at the yield curve and right now the spot says the consumer all systems go. after list piening to the blockbuster earnings, idea we're heading to a recession, according to home depot, things are getting stronger, not weaker but there are issues why should you trust home depot? two words. car carol, the long-time chief financial person who is r

welcome to cramerica other people want to make friends, i'm trying to make you money. my job is not just to entertai but educate and teach you. call me or tweet me. every time president trump says something inflammatory that panics wall street and sends the stock market plummeting, like we saw on friday, you got to remember that this president doesn't want stocks to go down he wants stocks to go higher and that's how you get a day like today where the dow gained 270 points and s&p claimed and the nasdaq pole vaulted to 1.23% trump knew things looked bad after friday's sell off. he decided to say something positive and turned things around did he call them -- did they call him there was a call people, that's beside the point. on friday the president took a harsh stance talking about boosting tariffs and demanding american companies leave china immediately. he says the chinese called him willing to negotiate that was enough to give the market lift even though we're getting conflicting reports about what happened. the people's republic has officially denied anyone called

welcome to cramerica other people want to make friends, i'm trying to save you money. my job is to entertain and teach you like days like today call me or tweet me @jimcramer how do you get your head around a day like today dow plunged 800 points, s&p down 2.39% and nasdaq worse it's all about the bizarre action of the bond market. you got to remember the bond market is a lot larger than the stock market even though unemployment is at the lowest level in 50 years. something disconcerting happened with bonds earlier today the benchmark ten-year treasury had a lower yield than the two-year. that's a highly unusual setup. haven't seen it since the great recession of 2007. we have memories the yield in the 30-year treasury has fallen to record lows again that is piercing as bond yields fall off a cliff, they are taking the stock market with them. why? because of president the bears will say any team we see treasures like this, a recession follows. so even if things seem fine in the economy now, there is a wide spread fear they won't stay that way and things could get worse

welcome to cramerica my job is not just to entertain but teach and educate so-call me at 1800-743-cnbcmer. tonight i want to share accumulated wisdom believe me, i've been doing this for a long time because there are so m

welcome to cramerica my job is to entertain, and teach you call me or tweet me @jimcramer. last forever but when they

welcome to cramerica other people want to make friends, my job is to make you money.43-cnbc or tweet me @jimcramer. you want to know the single most useful thing you can do in this business that's easy. the most useless thing you can

welcome to cramerica. my job is to teach, educate you so-call or tweet me @jimcramer who is afraid of the big bad inverted yield curve now after today's magnificent run the dow gaining and s&p gaining and nasdaq 1.5 maybe we shouldn't lend so much credence next time some indicator flashes red when ten-year treasuries were giving you it, experts came on the air and said a recession is insev inevitable and you should be afraid that's no way to make decisions about your money i explained over and over again you get a much better read by listeni ing to conference callsf individual large companies they said consumers are liable now look what happened yield curve on friday, if you took your queue from the panic and sold everything, you got burned that's the problem with following the big data an inverted yield curve may mean a recession but tell that to tens of thousands of people that shop at walmart every week the president gave walmart a shout out. ups delivers hundreds of amazon boxes every day and tell it t

welcome to cramerica my job is to beentertain, teach call me or tweet me @jimcramer down with the tie ranrany, we ho stop worrying about the declines the yield on the ten-year got hammered before the market open so the averages got hamerred as i did my best to protest that and as treasury yields bounced back, stocks did, too. down 589 and s&p up .08% being down 2% and nasdaq up 3.8% down about 1.7% you know what i'm calling this today i'm calling a huge win for the bulls. normally when you see this wild action in bonds, yields nosedivi nosediving, it means a recession is around the corner but i think that's a misreading of the current situation. the truth is u.s. treasuries are giving a much better return than bonds from any other developed country. if you live in europe and want a nice, low-risk free return exchange euros for dollars and buy u.s. treasuries. that drives rates down call it globalization collateral damage the russia bond buyers from overseas is spooking the stock market stock traders see it as a symptom of incredible weakness in reality, it's a symptom of weakness that

welcome to cramerica other people want to make friends, my job is to make you money. call me at 1800-743-cnbc or tweet me @jimcramer. i figured it out this market is like a needy little baby. not a cute baby. the other kind of baby i love my kids, but i especially love them now that they are adul adults this market is not an adult. it's a whalie wailing crying in. as it gets its way, it's never content. after a day where the averages seesawed up and down, a classic past time for small children with the dow slipping 121 points and s&p declining and nasdaq shedding 4.3%, what does this darn baby want what's the pacifer that will smash your stocks? this is not an ordinary baby it's like a bear cub and can't be separated from his mom. there is one thing that could be the stock market's mommy, the larger more important bond market when bond yields go down, the cub cries. [crying] >> because bond yells are viewed as a sign that the economy is slowing. and for a baby, that's pretty good logic, historically rates go down during a recession it doesn't matter how many times we

welcome to cramerica other people want to make friends, i'm trying to make you money. my job not just to entertain, educate and teach you. call me or tweet me @jimcramer there are two universes and that is the only way to explain this market's behavior. after a fabulous day where the dow gained 240 points, s&p advanced .82% and nasdaq climbed .90% i got to go there. i got to explain these universes. there is a universe with a booming economy then there is a universe with a faltering economy. one of them is a fantasy the other may be reality but occasionally they bleed into each other we can go everyone freaking out about a possible recession the market was down gigantically since then, though, we got a spade of incredibly positive earnings reports from a gigantic retailer like walmart, home depot, and now target and lowes so which universe is real? the robust one that we seen this week or the teetering one we visited, the one that had me on the today show urging people not to panic panic was the order of the day remember, panic is not a strategy let's dissect these uni

welcome to cramerica my job is not just to entertain, but to educate, teach and put days like today into context call me or tweet me @jimcramer should it bother us, should it bother us that the president of the united states makes major policy decisions based on the day to day action in the stock market is it wrong when he puts his thumb on the scales of favor of the bulls? when i say that trump is the most stock market sensitive president in modern history, i'm talking about days like today where the dow jumped 372 points, s&p surged 1.48% and the nasdaq went 1.95% all because the president delayed some key tariffs that were supposed to go into effect on september 1st instead, certain important items like laptops, like cell phones are now exempt until december 15th so at the very least, many companies have more time to adjust and maybe they never get hit at all if the chinese agree to make real concessions why did he do it i think president trump soaw the market melting down yesterday. right on the heels of a major pull back on friday. and he took action to turn things around. after all

welcome to cramerica other people want to make friends, i'm trying to help you save money my job is not just to entertain but educate and teach and put this in context. call me at 1800-743-cnbc or tweet me @jimcramer. after another brutal day and shaking market, dow plunging 390 and s&p plummeting 1.22% and nasdaq nosediving 1.20%. i know they are bad but it was worse at one point, everybody in wall street is searching for companies strong enough to tran send the day to day havoc and there is a lot of havoc to tran send we opened on fears the chinese government might need to crackdown and send in the army, the poa, the coolest situation down then buyers stepped in to take advantage of the pull back after all, so far china hasn't done anything serious and nothing but a negative note by goldman sachs about a possible slowdown and the economy then those buyers who came in got blasted. next thing you know, bonds are taking off again and interest rates are falling hard and we get hit with an all too familiar freakout everyone is worried there must be something very wrong in the global econom

so we're kicking off this edition of mad tweets with cramerica familiesso let's get started.r from rico z who says @jimcramer, get them started young. i like that. that kid obviously has horse sense. there you go i don't know whether -- well, there is charts in there, maybe the kid likes charts, too. holds up under much pressure next we have a tweet from david who said @jimcramer, awesome day at a phillies game i sat next to you and your dad we used to love to go to games all the time i was a vendor sometimes we come across families that are truly to the show and kids that have real horse sense. you think you know your ceos nobody is going to stomp the poodle's kid. >> facebook. >> mark zuckerberg. >> twitter. >> [ inaudible ] >> your favorite for the opening bell >> jim cramer. >> well, that's it i mean, that is -- that should be a show of its own next up patrick tucker ask asks @jimcramer serious question are accounting issues always because of some level of shadiness or can honest mistakes be made. i may have to do a whole segment. a lot of times my rule will keep you out

welcome to cramerica my job is not just to entertain but teach and educate so-call me at 1800-743-cnbc or tweet me @jimcramer. tonight i want to share accumulated wisdom believe me, i've been doing this for a long time because there are so many different things you need to balance to be a great investor that it would be hard to keep track of everything you do and a lot of this stuff is much more important than the day to day action. without the right discipline, the right frame working the right dare i say philosophy, you're going to get yourself into trouble but i also know big picture financial advice is hard to process a lot of it seems down right contradictory to most people we tell you to have conviction, to stick with the companies you believe in and say you need to be ready to change your mind on the dime you need to be cautious because it's so dangerous out there but you also need to be ready to pounce on opportunities when they spent themselves. you need to be skeptical but you also need to know when to suspend your belief, disbelief you need to avoid chasing stocks that have

welcome to cramerica coming at you from the new york stock exchange to help make sense of this week's wild moves. other people want to make friends, i just want to try to make you some money. well i do have a few friends here today [ cheering and applause my job not just to entertain but to teach and educate so call or tweet me we know this market is turning into a roller coaster. dow down 312 points and s&p climbing 3% and nasdaq after yesterday's terrible session the reason because we don't know if we're in a trade war or a cold war does the trump administration want to strang arm china into buying more american-made products or destabilizing the ruling communist party we don't know. are we neglige-- are we negotia with prc or is this when james bond said do you expect me to talk and he said no, mr. bond, i expect to you die. the free traders in the white house expect them to talk. larry kudlow came on this morning, "squawk on the street" and predicted productive talks in the september after the 10% tariffs go into effect but the hardliners on the other hand, they want to fundamenta

welcome to cramerica some people want to make friends, i'm trying to make you some money my job is not to entertain, but to educate call me at 1-800-743-cnbc or tweet me at jim cramer now that the dust has settled, dow gaining 301 points, it is very clear to me -- i hope it's clear to you -- that selling into the teeth of the sell off early this week was a big mistake. i said so at the time and i'm saying it again because it is that important in fact, tonight i want to go one step further and immunize you against false fears, that's right, false fears that cause so many people to panic over the past few days. i have to go back to history i think it was an f.d.r. moment where the only thing you had to fear was fear itself so many of these worries were totally groundless those fears set up the situation we haven't seen since the many bear market bottoms in december. we had negativity as recorded by the investors intelligence index. dramatic drop from bullish sentiment, bears rising. those were negative readings when you see those kinds of numbers, it's a reason to buy, not a reason to se

welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job not just to entertain, but educate and teach you. so call me at 1-800-743-cnbc or tweet me at jim cramer if the consumer is in such great shape as i keep saying, then how the heck can i keep calling for a rate cut i don't need a rate cut. on a day when the dow gained 50 points, the nasdaq dipped 3.6%, i think this is an important question especially given the fed's yearly jackson hole con fab getting coverage today and tomorrow on our network. as the consumer -- well, let's just say, what do we know about the consumer consumer shops at watch, which is my acronym for walmart, amazon, target, costco, and home depot. what do we know about the consumer at these stores doing quite well we know the unemployment rate is at its lowest level in 40 years, so why in the world is president trump trying to hector the fed into cutting interest and why do i believe in the president because it's not that simple, people as i explained last night, we've got two economic world views colliding her

welcome to cramerica other people want to make friends. i'm trying to save you money my job is not to entertain, but to teach, put it in context. call me 1-800-743-cnbc tweet me at jim cramer the last couple weeks have been way too binary for this guy. >> moo >> either of these going great >> house of pleasure >> or everything is falling apart. >> the house of pain >> the value, of course, is somewhere in the middle. today we took a step in the right direction. the market was, yes, mixed dow only gaining 100 points, s&p add 2.5%, nasdaq declining .9% some stocks went up, others went down rather than the whole market marching in unison out the window however, most of the stocks that rallied were what i call slow down stocks, the ones that do well in recession. the foods, drugs, turbo charge, secular growth stories that can transcend the growth cycle which are very few that's a start but it's hard to outrun the bond bears, aren't they aren't they hard people who look at plummeting treasury yields and decide eat economy is obviously headed of

welcome to cramerica.job is to teach, educate you so-call or tweet me @jimcramer who is afraid of the big bad

welcome to cramerica my job is not just to entertain, but to educate, teach and put days like today into or tweet me @jimcramer should it bother us, should it bother us that the presi

welcome to cramerica other people want to make friends.e money my job isn't just to entertain, but put this one into context. call me at 1-800-743-cnbc or tweet me at jim cramer boom that's the sound of a 10% tariff hitting th

welcome to cramerica other peoplewant to make friends. i'm just trying to make you some money. my job is not just to entertain you, but to educate you so call me at 1-800-743-cnbc or tweet me at jim cramer. i'm constantly telling you the discipline always trumps conviction i say it over and over and over again. in other words, no matter how much you may love a stock, no matter how enthralled you are with the underlying company, if the rules say sell it -- >> sell, sell, sell sell >> you sell it one thing i learned in my investing career, no matter how much you might believe something, you violate the rules of the road at your own peril. but what the heck do these rules come from? it's not like they were handed down from on high and carved into stone tablets they're not like the laws of physics. you can't deduce them from serving the way the market works the way you can do, say, gravity. the rules come from experience, in particular, my experience i've spent nearly 40 years in this business, and in that time you better believe i've learned some powerful lessons. in many cases, i

welcome to cramerica my job is to beentertain, teach call me or tweet me

welcome to cramerica other people want to make friends, i'm just trying to make you some money my jobin teach, and help you call me or tweet me @jimcramer if you want to know the true state of the economy, stop fretting about the

welcome to cramerica other people want to make friends, i'm trying to make you money.not just to entertain, educate and teach you. call me or tweet me @jimcramer there are two universes and that is the only way to

welcome to cramerica other people want to make friends. i'm just trying to make you some money.st to entertain, but educate and teach you. so call me at 1-800-743-cnbc or

welcome to cramerica other peoplewant to make friends. i'm just trying to make you some money.job is not just to entertain you, but to educate you so call me at 1-800-743-cnbc or tweet me at jim cramer. i'm constantly telling you the discipline always trumps conviction i say it over and over and over agai

welcome to cramerica other people want to make friends, i'm trying to help you save money my job is nott to entertain but educate and teach and put this in context. call me at 1800-743-cnbc or tweet me @jimcramer. after another brutal day and shakin

welcome to cramerica other people want to make friends. i'm trying save you some money my job isn't just to entertain, but put this one into context. call me at 1-800-743-cnbc or tweet me at jim cramer boom that's the sound of a 10% tariff hitting the 300 billion in chinese goods that were still duty-free. sounds a lot like falling stock prices, doesn't it the averages started strong. but after the news broke the dow ended up plunging 281 points s&p plummeted .90%, the nasdaq fell 1%. one fell swoop, president trump has given the hard liners exactly what they want if you import goods from china, he's making you pay, no exceptions that includes the iphone no wonder apple's stock reversed it went from up big to just, well, ugly because it's the most visible importer suddenly everything either they need to eat the tariffs or they need to make their phones even more expensive relative to samsung, which does its manufacturing in south korea can you imagine, the outcome of this is that samsung is the winner but apple is one example out of many i

welcome to cramerica some people want to make friends, i'm trying to make you some money my job is not but to educate call me at 1-800-743-cnbc or tweet me at jim cramer now that the dust has settled, dow gaining

welcome to cramerica coming at you from the new yor

welcome to cramerica other people want to make friends, i'm trying to save you money. to entertain and teach you like days like today call me or tweet me @jimcramer how do you get your head around a day like today

welcome to cramerica other people want to make friends, my job is to make you money.43-cnbc or tweet me @jimcramer. i figured it out this market is like a needy

welcome to cramerica other people want to make friends, i'm trying to make you money. my job is not just to entertai but educate and teach you. call me or tweet me. every time president trump says something inflammatory that panics wall street and sends the stock market plummeting, like we saw on friday, you got

welcome to cramerica other people want to make friends, i'm trying to save you money. my job is not just to entertain but educate and put this in context. call me at 1800-743-cnbc or tweet me @jimcramer. wh

welcome to cramerica other people want to make friends. save you money my job is not to entertain, but to teach, put it in context. call me 1-800-743-cnbc tweet me at jim cramer the last couple weeks have been way too binary for this guy. >> moo >> either of these going great